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US targets Hezbollah with new sanctions, Treasury Departments says

US targets Hezbollah with new sanctions, Treasury Departments says

The U.S. Department of the Treasury in Washington. (Credit: AFP archive photo)

 The United States announced that it targeted two senior Hezbollah officials and two financial facilitators with new sanctions on Thursday for their role in coordinating financial transfers to the Iran-backed party, the Treasury Department said.

The latest sanctions come as President Donald Trump announced from Riyadh the lifting of sanctions on Syria on Wednesday. Trump also said on Thursday that the United States was getting very close to securing a nuclear deal with Iran, and Tehran had "sort of" agreed to the terms.

The people targeted were based in Lebanon and Iran and worked to get money to Hezbollah from overseas donors, the department said in a statement.

Treasury said overseas donations amount to a significant portion of the party's budget.

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US targets Hezbollah's financial network with sew sanctions

Thursday's action highlights Hezbollah's "extensive global reach through its network of terrorist donors and supporters, particularly in Tehran," said Deputy Secretary of the Treasury Michael Faulkender.

"As part of our ongoing efforts to address Iran’s support for terrorism, Treasury will continue to intensify economic pressure on the key individuals in the Iranian regime and its proxies who enable these deadly activities." 

The latest round of sanctions follows earlier measures imposed on March 26 and March 28 against individuals and organizations described as affiliated with or close to Hezbollah.

 The United States announced that it targeted two senior Hezbollah officials and two financial facilitators with new sanctions on Thursday for their role in coordinating financial transfers to the Iran-backed party, the Treasury Department said.The latest sanctions come as President Donald Trump announced from Riyadh the lifting of sanctions on Syria on Wednesday. Trump also said on Thursday that the United States was getting very close to securing a nuclear deal with Iran, and Tehran had "sort of" agreed to the terms.The people targeted were based in Lebanon and Iran and worked to get money to Hezbollah from overseas donors, the department said in a statement.Treasury said overseas donations amount to a significant portion of the party's budget. Read more US targets Hezbollah's financial network with sew sanctions Thursday's...